Panama plans new project

Work will start shortly on the second stretch of the Panama-Colon highway in Panama.
February 24, 2012 Read time: 1 min
Work will start shortly on the second stretch of the Panama-Colon highway in Panama. The work will see 14km of new highway being built and the work will be carried out by Brazilian contractor Norberto 1305 Odebrecht. The work is expected to cost US$218 million. The Panama Government will spend $18 million on compensating people affected by the project. The first stage of the Panama-Colon highway, a 35km section, had an initial budget of $184 million although costs spiralled and the work eventually cost $281 million.

For more information on companies in this article

Related Content

  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
    Read More
  • Colombian connections boost road building
    February 23, 2012
    Colombia continues to invest heavily in its transport connections, with the prospect of more contracts to come.
    Read More
  • Panama road contract extension for construction firm
    June 8, 2018
    Contractor Constructora Meco has been awarded an extension to the package of works it is carrying out in Panama to upgrade the road running through Pedregal, Gonzalillo and Transistmica. The Costa Rican contractor was awarded the extension by Panama’s Ministry of Public Works (MOP). The work involves improvements to an 11km road section that will help improve traffic flow between the east and north of Panama City. The work was originally expected to cost US$97 million but has now increased to $127.8 million
    Read More
  • New tunnel between Argentina and Chile proves strong attraction for contractors
    November 27, 2013
    Interest is strong in the project to build the 14km tunnel link between Chile and Argentina, with reports stating that 23 firms having expressed an interest in the work. The twin tube tunnel will connect Argentina’s San Juan Province with Chile’s Coquimbo Province (Region IV) and will be constructed in the Andes Mountains. The Agua Negra project is set to cost somewhere in the range from US$800 million to $1 billion, although the exact price of the project has yet to be determined. Some 72% of the link will
    Read More

Highlighted Content